Cream yeast is the closest form to the yeast slurries of the 19th century, being essentially a suspension of yeast cells in liquid, siphoned off from the growth medium. Its primary use is in industrial bakeries with special high-volume dispensing and mixing equipment, and it is not readily available to small bakeries or home cooks.

Compressed yeast is essentially cream yeast with most of the liquid removed. It is a soft solid, beige in color, and arguably best known in the consumer form as small, foil-wrapped cubes of cake yeast. It is also available in larger-block form for bulk usage.[16] It is highly perishable; though formerly widely available for the consumer market, it has become less common in supermarkets in some countries due to its poor keeping properties, having been superseded in some such markets by active dry and instant yeast. It is still widely available for commercial use, and is somewhat more tolerant of low temperatures than other forms of commercial yeast; however, even there, instant yeast has made significant market inroads.